Monday, 13 August 2007
And now, a new refinery in Mocambique -- perhaps
Thanks to the general perception that getting into the sub Saharan oil industry is a "licence to print money" (as they used to say of the television industry) it seems that not a day goes by without someone announcing a new mega project. First it was pipelines, now it is refineries. This time, Mocambique has "approved" the construction of a US $ 1.3 million refinery in Nampula. Who will build it, where the money will come from (let alone the people to run it) is not yet known. Why so shy chaps, Spigot wonders? Does anyone recall that Mossgas had to import welders from South Korea? Anyway, this time the target is Malawi, Zambia and Zimbabwe (Huh?)
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